Who are whales, how we safe from loss in cypto, how to earn in crypto.

in #mgsc6 years ago (edited)
  1. Who are Whales?
    Whales who have many bitcoin and currencies. And who manipulate the prices are whales.
  2. How whales earn profit?
    Whales were sell their currencies in high price and down the market so many of peoples thinks that market will never grow up and they sell it then whales were buy in low price then they earn much profit by using these methods.
    And another method that if you buy some currency in high price you think that when your amount is in profit then you sell it after so many days, months price was not growing only decreasing then you decide to sell your coins and sell it. After some days or months whales were come and buy same coin in low price then it price was increase due to the high value and you see that same coin and again think that i buy it and sell in high price and then whales again sell in high price and earn profit.Whales.JPG
    3.How to earn profit in crypto?
    First never sell your coins in loss.
    Have patience in crypto.
    Never buy any coin in high price because whales enter in it.
    Only buy coins in dip.(low price)

Stay Safe in Crypto becuse crypto was dangerous for those peoples who didn't know about crypto and good for those peoples who have knowledge about crypto and have experience.

Safe in crypto. Happy Earning. All the best.

@mohitr

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